Report Overview

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

Predictive Analytics Market Competitive Landscape

IBM Corporation, established in 1911 is a multinational company that provides hardware, middleware, and software. The company, with its headquarters in New York, the United States, provides services such as AI, cloud computing, and data analytics.

 

Microsoft Corporation, a multinational corporation, was founded in 1975 and has its headquarters in Washington, the United States. The company offers software products, consumer electronics, and technological services, among others.

 

Amazon Web Services, Inc., founded in 2002 and based in Seattle, the United States, is a subsidiary of Amazon. The company provides cloud-based products for analytics, computing, database, storage, and networking.

 

Google LLC, founded in 1998 and headquartered in Mountain View, California, offers predictive analytics through its Google Cloud Platform. This comprises BigQuery and AI-driven services for the analysis of data and prophecies of trends that help businesses extract insights and predict trends.

 

Other predictive analytics market players include Hewlett Packard Enterprise Development LP, Oracle Corporation, SAS Institute Inc., SAP SE, TIBCO Software Inc., and Alteryx, Inc., among others.

 

Predictive Analytics Market Report Snapshots

Predictive Analytics Market Size

Predictive Analytics Market Growth

Predictive Analytics Market Trends

Predictive Analytics Market Share

Predictive Analytics Companies

Predictive Analytics Market Regional Analysis

 

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Outline the Scope

Key Questions Answered in the Report

In 2023, the market reached an approximate value of USD 15.70 billion.

The market is assessed to grow at a CAGR of 21.7% between 2024 and 2032.

The market is estimated to witness a healthy growth in the forecast period of 2024-2032, reaching a value of around USD 91.93 billion by 2032.

The major market drivers are the rise in digital transformation and the increasing focus on developing effective marketing strategies by retailers.

The key trends of the market include the growing adoption of big data by organisations, increased internet penetration, and the rising integration of AI and IoT in predictive analytics.

The major regions in the market are North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

Cloud and on-premise are the various segments based on the deployment of predictive analytics.

The key players in the market are IBM Corporation, Microsoft Corporation, Amazon Web Services, Inc., Google LLC, Hewlett Packard Enterprise Development LP, Oracle Corporation, SAS Institute Inc., SAP SE, TIBCO Software Inc., and Alteryx, Inc., among others.

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